Exness Broker:
Review in Nigeria

Welcome to the world of online trading and forex with Exness Nigeria! Are you in search of an in-depth Exness broker review? Look no further, as we present you with a comprehensive overview of Exness’ top-notch services and why it’s an ideal choice for traders in Nigeria and beyond.

Exness is a well-established forex broker, known for its outstanding customer-oriented approach and exceptional services. Let’s dive into the key features that set Exness apart from other brokers and make it a preferred platform for traders:

Secure and Reliable Trading: Exness prioritizes the safety and security of its clients' funds and personal information. With cutting-edge encryption technology and stringent security measures, you can trade with peace of mind.
Wide Range of Instruments: Whether you are interested in forex trading or other financial instruments, Exness offers a diverse range of assets to cater to your trading preferences.
User-Friendly Trading Platform: The Exness trading platform is intuitive and user-friendly, making it suitable for both beginners and experienced traders. You can access the platform on various devices, including desktops, laptops, and mobiles, for seamless trading on the go.
Exness Copy Trade: New to trading or looking to enhance your strategies? Exness offers a unique Copy Trade feature, allowing you to follow and replicate the trades of successful traders, increasing your chances of success.
Recognition and Awards: Exness' commitment to excellence has earned it numerous awards and accolades in the financial industry. These recognitions further solidify its position as a leading broker in the market.
Transparent Pricing and Low Spreads: Exness ensures transparency in its pricing and offers competitive spreads, providing you with cost-effective trading conditions.
Excellent Customer Support: The dedicated customer support team at Exness is available 24/7 to assist you with any queries or issues you may encounter during your trading journey.

Ready to embark on your trading journey with Exness? Visit www.exness.com and read more about the experiences of traders who have benefited from Exness’ exceptional service. Remember, when it comes to online trading and forex, Exness is a name you can trust! Take advantage of their reliable services and start your trading journey with confidence!

Registering with Exness
Exness Demo Account
Choosing the Right Account Type
Seamless Login Experience
Exness Trading Platforms
Deposits and Withdrawals
Exness Trading Instruments
Exness Trading Tools
Affiliate and Partner Programs
Benefits of Trading with Exness
Drawbacks of Trading with Exness
Insights from Real Nigerian Traders
Exness Awards and Recognition
Exness in Social Networks
FAQs about Exness

Registering with Exness

The first step on your Exness trading adventure is to create an account. The registration process is simple and user-friendly, and it includes these detailed steps:

Navigate to the Exness homepage: Open your preferred web browser and enter the official Exness website in the address bar.
Click the 'Register' button: Locate the 'Register' button, typically found at the top right corner of the homepage.
Fill in the required information: This typically includes your name, country of residence, email address, and phone number.
Set your account password: Make sure to choose a secure password, combining uppercase and lowercase letters, numbers, and symbols.
Accept terms and conditions: Read and agree to Exness's terms of service and privacy policy.
Verify your email address: A confirmation email will be sent to your registered email address. Click the link in the email to verify your account.
Verify your phone number: Enter the verification code sent to your registered phone number to confirm your contact details.
Complete your profile: Fill out your personal details such as date of birth and address, as well as trading experience.
Pass the suitability test: This test helps Exness to determine the appropriate account type and leverage for you.
Submit documents for account verification: You will need to provide a valid identification document (such as a passport or driver's license) and a proof of residence (such as a utility bill or bank statement).

Exploring the Demo Account

Before diving into live trading, it’s advisable to get a feel of the platform and develop your trading skills. Exness offers a demo account that acts as a safe playground for beginners in Nigeria, providing:

A risk-free environment to practice trading.
Real market conditions for a comprehensive learning experience.
The opportunity to test different trading strategies.
A platform to build your trading skills.
A chance to gain confidence before live trading.

Choosing the Right Account Type

Choosing the right account type is a crucial decision that depends on your trading experience and risk tolerance. Exness offers a range of account options to cater to different trading needs.

For beginners, the Standard and Standard Cent accounts are perfect. These accounts:

Embrace simplicity, making them easy to navigate for those new to trading.
Require less initial deposit.
Offer standard market spreads.
Provide access to most trading instrument.

For more experienced traders, the Professional accounts, including Raw Spread, Zero, and Pro, provide more advanced features:

Lower spreads for cost-effective trading.
More diverse selection of trading instruments.
Faster execution speeds.
Advanced market analytics.

Seamless Login Experience

After you have successfully registered your Exness account, logging in is an easy process that offers fast access to the exciting world of trading in Nigeria. Here’s what you can expect during the login process:

Go to the Exness homepage: Just like during registration, you'll start by opening your preferred web browser and navigating to the Exness website.
Click on the 'Login' button: This is typically located at the top right corner of the homepage.
Enter your login credentials: Type in your registered email or phone number, followed by your password.
Click 'Login': After you've entered your details, just hit the 'Login' button to access your account.
Two-Factor Authentication (2FA): If you have enabled 2FA for additional security, you'll need to enter a code that is sent to your registered email or phone number.
Access your dashboard: Once logged in, you'll be directed to your dashboard, where you can view your account balance, manage your trades, and access various trading tools and resources.
Start trading: Select your preferred trading platform or instrument, and start trading.
Remember to log out: After your trading session, ensure to log out of your account to maintain its security.

Downloading and Using the Exness App

Exness offers a powerful, user-friendly mobile app to enable Nigerian traders to have their portfolio at their fingertips. The app is designed to allow seamless trading on the go and can be easily downloaded from the App Store for iOS users or the Google Play Store for Android users. Here’s a simplified guide to using the Exness App:

Download the App: Begin by visiting the official website of Exness. From there, navigate to the download section and find the link to download the Exness app for your specific device. Whether you use an Android or iOS device, you can find the app on the official website.
Install the App: Once you have downloaded the app, click on the installation file to start the installation process. Follow the on-screen instructions to complete the installation on your device.
Log in: After the installation is complete, launch the Exness app. Use your Exness account credentials to log in securely.
Explore the Interface: Take a moment to familiarize yourself with the app's layout, tools, and features. The app provides a user-friendly interface that allows you to access various trading instruments and market data with ease.
Manage Your Account: From the app, you can conveniently check your account balance, deposit funds, or request withdrawals. Exness offers various payment methods to facilitate seamless transactions.
Start Trading: With everything set up, you are now ready to start trading. Choose your preferred trading instrument from a diverse range of options, including forex, commodities, cryptocurrencies, stocks, and indices. Use the app's charting tools and analysis features to make informed trading decisions, and then place your trades with just a few taps.

MetaTrader 4

MetaTrader 4 (MT4) is an industry-standard trading platform known for its advanced charting tools and expert advisors (automated trading systems). Its key features include:

Advanced Charting: Provides various chart types and timeframes, allowing in-depth market analysis.
Expert Advisors: Allows for automated trading using algorithmic strategies.
Custom Indicators: Provides a vast selection of technical indicators for effective market analysis.
User-friendly Interface: Easy to navigate, even for beginners.

MetaTrader 5

MetaTrader 5 (MT5) is the successor to MT4 and offers enhanced features for a more versatile trading experience. It boasts of enhanced performance and asset diversity, with the following features:

More Timeframes: Offers more timeframes for a more precise market analysis.
Additional Order Types: Includes more types of orders, such as buy stop limit and sell stop limit.
Economic Calendar: In-built economic calendar to keep track of important financial events.
Advanced Tools: Offers advanced trading tools and indicators for a comprehensive trading experience.

Trading on the Web Terminal

For Nigerian traders who prefer not to download any software, Exness offers a web terminal which allows you to trade directly from your browser. It provides the same functionality as the desktop platforms, making it a convenient and accessible option. Here are the steps to use it:

Navigate to the Exness Website: Begin by visiting the official Exness website using your web browser. If you already have an account, log in using your Exness credentials. If you're a new user, you can easily sign up and create an account to embark on your trading adventure.
Access the Web Terminal: Once logged in, click on the 'Web Terminal' option from the main menu. The Web Terminal is a no-download trading option that allows you to access the markets directly from your browser without the need for any software installation.
Choose Your Preferred Trading Platform: After clicking on the Web Terminal option, you'll be presented with a choice of trading platforms - MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Both platforms are widely recognized for their advanced charting tools, technical indicators, and expert advisors. Select the one that best suits your trading preferences and requirements.
Start Trading Directly from Your Browser: Once you have chosen your preferred trading platform, the Web Terminal will load within your browser. You will have access to a variety of trading instruments, including forex, commodities, cryptocurrencies, stocks, and indices. Use the platform's intuitive interface to analyze the markets, monitor real-time price movements, and execute trades seamlessly.

Trading on the Go with MT Mobile

For those who prefer trading on the go, MetaTrader also offers mobile versions of its platforms (MT4 and MT5 Mobile). They provide the same core functionality as the desktop versions, allowing you to monitor the markets and make trades wherever you are. The steps to use it are similar to those of the Exness App:

Download MT Mobile: To access the MetaTrader Mobile app, visit the official website of Exness and navigate to the download section. From there, you can find the link to download the app for your specific device, whether it's an Android or iOS device.
Install the App: Once you have downloaded the app, simply click on 'Install' to begin the installation process. The app will be installed on your device, ready for use.
Open the App: After the installation is complete, open the MT Mobile app on your device.
Login: To access your trading account on MT Mobile, use your Exness login credentials to log in securely.
Start Trading: Now that you are logged in, you can start trading on-the-go. The app provides a user-friendly interface, real-time market data, advanced charting tools, and a variety of order types, enabling you to execute trades with ease.

Minimum Deposit Requirements

To begin your trading journey, you’ll need to deposit funds into your account. The minimum deposit requirement at Exness is tailored to cater to Nigerian traders of different budgets. The amount can vary depending on the account type you’ve chosen:

Standard Cent Account: With a minimum deposit requirement as low as just $1, it's a great choice for beginners.
Standard Account: This account requires a minimum deposit of $10, providing access to standard trading conditions.
Raw Spread Account: For this account, the minimum deposit requirement is $200, designed for experienced traders looking for low spreads.
Zero Account: A minimum deposit of $200 is required for this account, designed for high-volume traders.
Pro Account: This account is for professional traders, with a minimum deposit requirement of $200.

These minimum deposit requirements allow traders to choose an account that best fits their budget and trading style. With such flexibility, you can kickstart your trading journey in a way that aligns with your financial goals.

Cryptocurrencies

Dive into the exciting world of cryptocurrencies with Exness. Trade popular digital assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), among others. Trading cryptocurrencies provides an opportunity to potentially profit from their volatile price movements. With Exness, you can trade cryptocurrencies 24/7, unlike traditional markets.

Forex

Forex trading, or trading in foreign currencies, is the core offering of Exness. The forex market is the largest and most liquid financial market in the world, presenting abundant trading opportunities. Exness offers a wide range of currency pairs from major, minor, to exotic pairs, offering flexibility to forex traders of all experience levels.

Commodities

Broaden your trading portfolio by exploring the commodities market with Exness. Trade in valuable resources such as gold, oil, natural gas, and agricultural products. The commodities market is a critical economic sector, and trading commodities can provide a hedge against inflation and market volatility.

Stocks

Exness provides access to well-known company stocks from around the globe. Trading in stocks allows investors to gain exposure to the performance of individual companies, offering potential profit opportunities based on company performance. With Exness, you can trade stocks from top global companies such as Apple, Microsoft, and Google, among others.

Indices

Indices trading is another instrument available at Exness. An index is a collection of a certain group of stocks that represents a specific market or sector. By trading indices, you’re trading on the performance of these collections of stocks. Popular indices available for trading on Exness include the S&P 500, Dow Jones, NASDAQ, and more, giving traders exposure to various global equity markets.

Leveraging Exness Trading Tools

Exness equips its traders with a suite of powerful trading tools designed to enhance trading efficiency and improve decision-making. A brief overview of the most prominent trading tools is as follows:

Investment Calculator: This tool allows you to calculate potential profits, losses, and costs associated with your trades, making risk management more straightforward.
Economic Calendar: An essential tool for any trader, the economic calendar provides you with key financial events and announcements that can significantly impact market movements.
Trading Indicators: Exness provides a variety of trading indicators to assist in trend recognition, prediction of price movements, and formulation of trading strategies.
Technical Analysis Tools: These tools can help you understand market trends and patterns, facilitating more informed trading decisions.

Exness Affiliate and Partner Programs

In addition to trading, Exness also offers attractive affiliate and partner programs for its traders in Nigeria. Through these programs, individuals can earn additional income by referring new clients to Exness.

The Exness Affiliate Program offers competitive commission rates, comprehensive marketing tools, and a dedicated support team. This can be a significant opportunity for those looking to diversify their income streams and leverage their network.

On the other hand, the Exness Partner Program is perfect for those with a sizable network in the trading community. As a partner, you can receive up to 25% of the spread on all trades made by referred clients.

By joining these programs, you not only get a chance to earn additional income but also gain an opportunity to deepen your relationship with Exness and further explore the financial markets.

Benefits of Trading with Exness

Diverse Trading Instruments: Exness provides access to a wide range of markets, including forex, commodities, indices, cryptocurrencies, and stocks, allowing traders to diversify their portfolio.
User-friendly Platform: The Exness platform is intuitive and user-friendly, making it accessible for both beginners and experienced traders.
Flexible Account Types: With account types suited for different trading styles and levels of experience, Exness provides options that can cater to every trader's needs.
Advanced Trading Tools: The availability of powerful trading tools such as economic calendars, trading calculators, and technical analysis tools enhances trading efficiency and decision-making.
Regulated Broker: Exness is regulated by well-respected regulatory bodies, including CySEC and the FCA, providing traders with an added layer of security.
Competitive Spreads: Exness offers competitive spreads on various trading instruments, ensuring that traders can access favorable pricing and better trading opportunities.
Leverage Options: Exness provides flexible leverage options, allowing traders to tailor their trading strategy according to their risk tolerance and trading preferences.
Fast Execution: The platform's robust infrastructure ensures fast and reliable order execution, minimizing slippage and latency, and providing traders with an optimal trading experience.
Hedging and Scalping Allowed: Exness permits hedging and scalping strategies, enabling traders to implement different trading tactics based on their market views.
Multilingual Support: With a global presence, Exness offers multilingual customer support to cater to the diverse needs of traders from around the world.
No Dealing Desk (NDD) Execution: Exness operates on a no dealing desk model, ensuring that traders' orders are executed directly in the market, without any intervention from a dealing desk. This transparency and direct market access contribute to fair and efficient trading.
Transparency and Trust: As a regulated broker, Exness prioritizes transparency and client trust. The platform operates with full adherence to regulatory guidelines, providing traders with the confidence that their funds are secure and that their trading activities are conducted fairly.
Negative Balance Protection: Exness provides negative balance protection to its traders, ensuring that their account balance cannot go below zero. This feature safeguards traders from losses exceeding their initial deposit.
Partnership Opportunities: Besides offering exceptional trading conditions, Exness presents partnership opportunities for individuals looking to become affiliates or partners, allowing them to earn additional income through referrals.
Risk Management Tools: Exness provides various risk management tools, including stop-loss and take-profit orders, to help traders manage their risk exposure effectively.
Continuous Innovation: Exness consistently invests in technology and platform enhancements, striving to deliver the latest trading tools and features to its clients.

Drawbacks of Trading with Exness

Limited Educational Resources: While Exness provides various resources, the educational materials for beginners could be more comprehensive.
Availability of Services: Some of Exness's services may not be available in certain countries, which can be a limitation for traders based in those regions.
Customer Support: While Exness provides 24/7 customer support, the absence of a direct phone line may be inconvenient for some traders.
Inactivity Fees: Exness charges an inactivity fee if there is no trading activity for a certain period, which might be a disadvantage for passive traders.

By understanding these advantages and disadvantages, traders can make an informed decision about whether Exness aligns with their trading objectives and risk tolerance. As with all trading platforms, it’s essential to thoroughly research and test the platform to ensure it meets your specific trading needs.

I began my trading journey with Exness just over a year ago. What drew me in was the user-friendly interface that made it easy for me to navigate through various trading instruments. I've been able to explore everything from forex to cryptocurrencies and commodities, broadening my trading portfolio substantially. Their platform truly caters to traders of all kinds, and my trading experience has significantly improved since I started.

Ola B., Lagos

As a professional trader, the features I look for in a trading platform are beyond just the basics. I require advanced trading tools and indicators that can assist me in making informed trading decisions. Exness has lived up to my expectations in this regard. Their technical analysis tools, coupled with regular market updates and analytical reports, have proven invaluable. I appreciate the quality of market insights they provide, which have certainly given me an edge in my trading.

Emeka N., Abuja

Trading, while exciting, can also present moments of uncertainty. It's during such moments that a responsive and helpful customer support team becomes crucial. Exness has impressed me with their customer support service. Regardless of the time of day or the complexity of my issue, they have always responded quickly and provided effective solutions. This reliable support has made my trading journey smoother and more enjoyable.

Amina F., Port Harcourt

Year	Awards and Recognition
2021	Best Forex Broker Middle East
2020	Best Mobile Trading Platform
2019	Best Customer Service
2018	Best Educational Broker
2017	Top Broker in Asia
2016	Best Forex Broker Russia
2015	Best Trading Conditions
2014	Best Mini Broker
2013	Fastest Growing Forex Broker Asia
2012	Best Trading Platform
2011	Best Standard Forex Broker
2010	Best Forex Broker Middle East and Asia

Exness’ consistent recognition over the years highlights its unwavering commitment to excellence and its dedication to providing traders with top-tier services and innovative solutions. These awards stand as a testament to Exness’ leading position in the forex trading industry and its ongoing efforts to enhance the trading experience for its clients.

The social media presence of Exness is a treasure trove of valuable information and insights. Traders can expect to find timely market updates, expert analysis, and educational content that can aid them in making informed trading decisions. This real-time information can be particularly advantageous in a dynamic and fast-paced market environment.

Furthermore, social media platforms such as Facebook, Twitter, Instagram, YouTube and LinkedIn serve as a hub for traders to participate in interactive discussions. Traders can share their views, exchange ideas, and engage with other members of the Exness trading community. Such interactions foster a sense of camaraderie and provide a platform for learning from the experiences of fellow traders.

By connecting with Exness through social media, Nigerian traders can benefit from:

Market Insights: Stay informed about significant market events, economic indicators, and potential trading opportunities through regular updates and analysis provided by Exness.
Customer Support: Social media platforms also serve as an avenue for direct communication with Exness' customer support team, ensuring that traders' queries are addressed promptly.
Educational Content: Access a wealth of educational content, including trading tips, strategies, and webinars, to enhance trading knowledge and skills.
Networking: Engage with a community of like-minded traders, share insights, and learn from others' experiences.

Overall, connecting with Exness through social media not only enriches the trading experience but also fosters a sense of belonging to a vibrant and supportive trading community. It is an effective way for traders to stay updated, educated, and connected while navigating the dynamic world of financial markets.

Webinars: Learn from experienced traders and market experts on a variety of trading topics.
Tutorials: Detailed step-by-step guides help you navigate through the platform and trading tools.
Guides: Understand various aspects of trading, from basic concepts to advanced strategies.
Educational Articles: Access a collection of insightful articles on global financial markets, industry trends, and trading tips, regularly updated to keep traders informed.
Demo Account for Practice: Practice trading strategies risk-free with Exness' demo account, gaining hands-on experience and building confidence before trading live.

By continuously learning and staying updated, traders can make informed trading decisions, manage risks effectively, and navigate the market with greater confidence.

FAQs about Exness

Is Exness regulated?

Yes, Exness is regulated by several global authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA). This regulation ensures that Exness operates with transparency, adheres to strict financial standards, and provides a secure and reliable trading environment for its clients.

What types of trading instruments does Exness offer?

Exness offers a wide range of trading instruments, catering to the diverse interests of traders. You can trade in the forex market, which includes major, minor, and exotic currency pairs. Additionally, Exness provides opportunities to trade popular cryptocurrencies like Bitcoin and Ethereum, along with various commodities such as gold, silver, and oil. For those interested in stock trading, Exness offers CFDs on well-known company stocks, and for those seeking broader market exposure, there are indices representing the performance of major stock markets worldwide.

What are the account types available on Exness?

Exness offers multiple account types to suit different trading needs and levels of experience. Traders can choose from Standard accounts, which are suitable for both beginners and experienced traders, as well as Standard Cent accounts that allow trading with smaller amounts. For professional traders, Exness provides Professional accounts, including Raw Spread, Zero, and Pro accounts, which offer more advanced features and lower spreads.

What trading platforms does Exness support?

Exness supports a variety of trading platforms, providing flexibility for traders to choose the one that best suits their preferences and trading style. The popular MetaTrader 4 (MT4) platform is available for traders who seek a well-established and feature-rich trading environment. For traders looking for more advanced features, MetaTrader 5 (MT5), the successor to MT4, is also available. Additionally, Exness offers its proprietary Exness Trader app, which is designed to provide a seamless and user-friendly mobile trading experience.

Does Exness charge a fee for deposits and withdrawals?

Exness does not charge any fees for deposits and withdrawals made through most payment methods. However, it's important to note that fees may be charged by banks or payment providers, depending on the chosen method of transaction. Traders are advised to check with their respective financial institutions to understand any potential fees associated with deposits and withdrawals.

How do I open a demo account with Exness?

Opening a demo account with Exness is a simple process. All you need to do is register on their website or app and select the "Demo Account" option. This account provides traders with virtual funds, allowing them to practice trading in a risk-free environment. It's an excellent way to familiarize yourself with the trading platform, test strategies, and gain confidence before venturing into live trading.

What is the minimum deposit for an Exness account?

The minimum deposit required to open an Exness Standard account is impressively low, at just $1. This accessibility ensures that traders with varying budget capabilities can start their trading journey without significant financial barriers.

Does Exness offer educational resources?

Yes, Exness takes trader education seriously and offers a wealth of educational resources. These resources include webinars, where traders can learn from experienced professionals about various trading topics and strategies. Additionally, tutorials and guides are available to help traders understand the platform's features and functionalities, as well as grasp essential trading concepts. These educational materials cater to traders of all levels, from beginners looking to build a solid foundation to experienced traders seeking to refine their skills.

What are the customer support options at Exness?

Exness provides comprehensive customer support options to assist traders whenever needed. They offer 24/7 customer support through live chat and email. The responsive and professional support team is ready to address any queries or concerns promptly. However, it's worth mentioning that Exness does not provide direct phone support at this time.

Does Exness have an affiliate or partner program?

Yes, Exness offers both an Affiliate and Partner program, providing opportunities for individuals to earn additional income by referring new traders to the platform. The Affiliate program is ideal for individuals looking to become partners with Exness, while the Partner program is suitable for those with a substantial network within the trading community. By becoming an affiliate or partner, individuals can benefit from competitive commission rates and access to a range of promotional materials, expanding their opportunities beyond trading and enhancing their earning potential.

Conclusion: Mastering Forex and CFDs with Exness Broker in Nigeria

Navigating the world of forex and CFDs can be daunting, but with a trusted broker like Exness, the journey becomes more manageable. From easy registration and varied account types to powerful trading platforms and tools, Exness offers comprehensive solutions to both novice and experienced traders in Nigeria.

As this review has shown, Exness' commitment to reliable services, user-centric features, and a robust trading environment sets it apart in the competitive world of online trading. It stands as a testament to its values of integrity, transparency, and excellence. Whether you're taking your first step in forex trading or looking to enhance your trading strategies, Exness is a broker worth considering.

Exness Broker: Review in Nigeria